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1381 Reef Ct

Okemos, MI 48864

3 bd 3 ba 3,040 sqft Built 1987 Lot 17,860 sqft single_family
Most recent sale
$270,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 18, 2023 Listed $484,900 GreaterLansingArea
Sep 28, 2022 Sold $270,000 MLS #265503
Sep 9, 2022 Price changed $319,900 MLS #265503
Jun 22, 2022 Price changed $329,900 MLS #265503
Jun 2, 2022 Listed $359,500 MLS #265503

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $141,800 $2,653
2020 $135,900 $5,936
2019 $125,900 $5,752
2018 $120,900 $5,457
2017 $118,600 $5,204
2016 $114,900 $5,028
2015 $110,000 $4,990
2014 $106,500 $4,921
2013 $102,300 $4,747
2012 $98,800 $4,577
2011 $100,600 $4,613
2010 $108,900 $4,915
2009 $118,500 $5,330
2008 $126,900 $2,637

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,040 sqft
Lot size
17,860 sqft
ZIP code
48864
City
Okemos
Street
Reef Ct
Coordinates
42.70020, -84.39814

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,620
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1381 Reef Ct last sell?
1381 Reef Ct most recently sold on Sep 28, 2022 for $270,000.
What is the current tax assessment for 1381 Reef Ct?
The most recent total assessment for 1381 Reef Ct (year 2021) is $141,800 with $2,653 in property tax.
How does 1381 Reef Ct's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $270,000.
When was 1381 Reef Ct built?
1381 Reef Ct was built in 1987.
How does 1381 Reef Ct compare to others on Reef Ct?
We do not currently track other properties on Reef Ct.
What are the property facts for 1381 Reef Ct?
1381 Reef Ct is a 3 bed, 3 bath, 3,040 sqft, 17,860 sqft lot single_family.
Is 1381 Reef Ct a flip candidate?
No — 1381 Reef Ct does not appear in our flips dataset.
Is 1381 Reef Ct a tax-appeal candidate?
No — 1381 Reef Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$435K
2026 Q4
$435K
ZIP 48864 — Median Price History + Forecast

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